The number of black-owned businesses in Texas is growing, but the firms remain small in comparison to other Texas businesses, and their owners perceive significant barriers to growth and profitability, according to a new report from the Bureau of Business Research at The University of Texas at Austin.
EVENT: State Sen. Royce West and University of Texas at Austin President Bill Powers will join researchers from The University of Texas at Austin as they issue a report, prepared in collaboration with the Texas Association of African American Chambers of Commerce, on the state of black-owned businesses in Texas. The event is open to… » Continue Reading
The two most critical challenges for Hispanic-owned businesses to grow are overcoming a lack of training in management and communication skills and gaining better access to markets, according to new research of Hispanic-owned businesses in Texas from The University of Texas at Austin. The study provides a fresh look at the challenges these mostly small businesses face.